Benefits of promoting digital currency
Recently, there is relevant news that the central bank's digital currency is about to fall, which has attracted most people's praise. The relevant person in charge of the digital currency Research Institute said that the research and development of digital RMB is steadily advancing. At present, closed pilot projects have been carried out in Shenzhen, Suzhou and other places, and the functions are being continuously optimized and improved< Strong> after the central bank issues digital money, the daily payment will no longer need real name, nor do it need to use Alipay and WeChat to pay. It will bring great convenience to our life, and at the same time, it will change a lot. RRRRR}
the issue of digital currency is a trend, which will bring convenience to our lives. It also indirectly reflects the development of currency and social progress. After the use of digital currency, there will be a severe crackdown on crimes and other acts. The difficulty of money laundering will increase and criminal acts will be reced. The flow of money can be effectively queried through mobile app records, which has a great impact on social life
digital currency is an alternative to electronic currency. Both digital gold coin and password currency belong to digital currency. Digital currency can be basically divided into three categories:
1. Game currency that everyone is very familiar with. At first, the game currency obtained by players in stand-alone games can only be used by themselves in the game. With the establishment of the Internet portal and community, and the realization of game networking, these digital currencies have a "financial market". Players can directly trade freely, and can also trade online and offline
2. The special currency issued by the portal website or instant messaging service provider is used to purchase the services in the website. The main representative is QQ coin, which can be used in QQ's own mall
3. The most representative digital currency is the encrypted digital currency on the Internet, such as bitcoin, lightcoin, dogcoin, etc. represented by bitcoin, it is an electronic currency generated by open-source P2P software, which can query the source and circulation by using blockchain technology, and is an open-source encrypted, circulating and trading digital currency. It is mainly used for Internet financial investment, and can also be directly used in daily life as a new currency< What are the benefits of digital currency
it is not unreasonable that the central bank is preparing to study the issue of digital currency. Issuing digital currency can rece the high cost of issuing and circulating traditional banknotes; Enhance the convenience and transparency of economic transaction activities; Rece money laundering, tax evasion and other criminal activities; Enhance the central bank's control over money supply and circulation; To better support economic and social development and help Inclusive Finance realize in an all-round way; It also helps to build a new financial infrastructure, further improve the payment system, enhance the efficiency of payment and clearing, and promote the upgrading of economic quality and efficiency
the overall benefits are cost rection, convenient supervision and favorable to the financial system. In addition, what are the benefits to our common people, investors and major enterprises
now is the age of Internet, the evolution of currency is an inevitable trend, and currency digitization is undoubtedly in line with the trend of social development
nowadays, there are digital currencies of different sizes in the market. Although these digital currencies can not be regarded as legal currencies, they are more used as a financial investment project and a new technology in the future. Not only that, bitcoin, the first digital currency, circulates in every corner of the world just like money, but also has the characteristics of transaction, collection and convertibility. We can exchange digital currency for any country's currency, or use digital currency to buy offline real goods. At the same time, we can also do online payment like Microsoft and steam. People use it to pay, buy goods and exchange money; Investors use it for financial management and investment; Enterprises use it to develop more uses, constantly innovate science and technology, or promote their own procts. With the continuous progress of science and technology and the continuous development of digital Internet, the benefits of digital currency or the instries and technologies derived from digital currency are unimaginable in the future.
The role of digital currency:
1. First of all, the central bank's digital currency can provide a huge data base for monetary policy and macro Prudential policy, so that the regulatory authorities can collect real-time trading books of different frequency and different institutions according to their needs, and it is complete and real. This information advantage can help the central bank use policy tools more accurately and flexibly
Secondly, the central bank's digital currency technology can track the flow of funds and help the regulatory authorities to comprehensively monitor and assess financial risks. Finally, the central bank's digital money technology is concive to the transmission of interest rate of monetary policy. Digital currency technology supports "point-to-point" payment and settlement, which can improve the liquidity of market participants. Only the digital currency of the central bank, which is generally accepted by the whole society, can radiate this advantage to the participants of different financial markets, so as to improve the liquidity of financial markets. This will make the term structure of interest rate smoother and the transmission mechanism of interest rate smoother 
extended data:
digital currency can be considered as a virtual currency based on node network and digital encryption algorithm. The core characteristics of digital currency are mainly reflected in three aspects: because it comes from some open algorithms, digital currency has no issuing subject, so no one or institution can control its issuing; Because the number of algorithm solutions is fixed, the total amount of digital currency is fixed, which fundamentally eliminates the possibility of inflation caused by the overuse of virtual currency; Because the transaction process needs the approval of each node in the network, the transaction process of digital currency is safe enough
The promotion of digital RMB is more like turning the paper-based RMB into the currency used in people's daily life to meet the demand of people's mobile payment. However, unlike the application payment software we use, there is no middleman to convert our currency, and there is no need for them to change their account balance{ RRRRR}
the mobile payment that we usually use is to transfer the money in your account to another person through the bank or through this application payment platform, which is similar to the direct consumption behavior in foreign countries, but there is another intermediary platform, so even if it is popular now, it still has some risks, if there is no intermediary institution, the risk will be reced a lot
Shanghai will launch the digital RMB pilot this year. Which other cities will also promote the digital RMB pilot? I believe everyone is very concerned about this issue, so what is digital RMB? China's legal digital currency is replaced by the digitalization of banknotes, which is & lt< digitalization of RMB & quot;. The functions and properties of this digital currency are exactly the same as the banknote we usually use, except that the form of the banknote is changed to Digital { RRRRR}
as mobile payment continues to be deeply integrated into our daily life, the emergence of digital RMB has become an inevitable trend ; As long as everyone's mobile phone has a digital wallet of digital RMB, then we no longer need the network, we can achieve mutual currency payment. In the research and development work of digital RMB in China, there is no preset technical route, so that all people divergent thinking can compete fairly , and more people are full of enthusiasm for the research and development of digital currency. It has fully mobilized the enthusiasm and creativity of competitors in the social market